Citi: Are Gold And Silver Finding A Bottom?
"New Bull Legs are born when the last Bull is throwing into the towel. Chinese liquidity squeeze has ignited the latest round of selling in Paper Gold - Banks are selling what is the most liquid there now. COMEX has got another chance to survive and replenish its inventories on the cheap now. Never Fight The FED!? We should just wait for the revelations of Gold market Manipulation after LIBOR and FOREX manipulations has been exposed. MF Global case could be the first sign of things to come now."
1 comment:
I still think it is a good idea to Invest in Gold. Regardless of what happens at any given moment, its value has only increased over time, while the value of the dollar continues to decrease. I buy my gold with APMEX because they are reliable and trustworthy, with fair prices.
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